- July 10, 2023
- Posted by: Arjun Vasanth
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Definitive Positioning
Data Center is now defined and is considered a separate investment category within the IT Policy.
- Data Center specific fiscal incentives are defined
- Data Center continues to be part of Essential Services
- Data Center now has Infrastructure status
Wider Real Estate access
Policy addresses the paucity of suitable land parcels for greenfield data center projects
- Land use classification is now not a limiting factor for Data Centers
Data Centers now can be established on almost all land classification giving the opportunity to set up in residential, green, and other zones.
Recognizing the importance of Power supply
Policy touches upon
- Renewable energy use
- Captive power generation
- Exemption from statutory power cuts
- Power through open access
Increase in FSI
- Data centers to enjoy higher FSI permissions in line with the increase granted for IT/ITeS industry.
- This is further supported by relaxations of DCR on a case specific basis.
Recognition of Parties
The policy recognizes different entity roles that are part of a Data Center business, by defining
- Data Center
- Data Center Developer
- Data Center Operator
- Data Center Park
Fiscal Incentives
Incentives include
- Stamp Duty Exemption
- Electricity Duty Exemptions
- Power Tariff Subsidies
- + other incentives that result in better efficiencies for investors